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I bought free trading common shares....I will not be selling my shares back to the company for a fraction of the cost I paid after they dumped billions into the float and OS!
mandatory buy-back.....same as a RS, different name!
.....and there is no dilution taking place....right Mary???
LOL!
Well lets see....SW set the price at 0.00015 for shares converted preferred shares....he set the price, and the price of the common shares fell to 0.0001 on the mess he made!
So they are pretty much half; except most can't trade at 0.00005 pps!
Yes....and it doesn't show CD's being converted into preferred shares or into restricted shares......it states clearly where the 18 Billion share increase resulted from!
Spin masters are at work here and some with new found insider information evidently (or more wild theories)!
The funny thing is....guess it doesn't really matter...who would I sell my shares too with no bid????
and your source for all this information Art???
More insider manipulation...oh, I meant information....yeah sure I did!
BS.....conversion of a CD is into common shares and they are usually dumped immediately onto the market for money (as was the case here and it was very clear at that time)!
You nailed it! How convenient indeed....nice of Traders Nation to help out with the big dump though wasn't it!
Great! Guess that will now be the next shoe to drop then right....since it is being "leaked" here first to set the stage????
Since when would having shareholders interests first diluted by more than 2.5 times and then secondly reduced in terms of the percent ownership of TFN be a good thing for shareholders?????
Well since the stock is already at rock bottom with no bid....it can't go much lower! Secondly, the reason why the stock is at NO BID is because the CD holder did not hold shares but dumped into the market in a big way!
Come on guys get a clue....the CD conversion and the preferred mess (conversion) diluted our shareholder interest by more than double! and since they were dumped in such a short period of time, we now (still) have no bid and little interest in buying!
Just testing to see if any of my posts make it onto any board at all....TIA!
Actually, the real game to have is the next to be released....HALO! But not to worry.....doubt if GZFX will have a sufficient number of copies on hand!
It is going to take more than that....GZFX/GGI will be dumping billions into any such event!
No, it won't.....by then GZFX will already be pretty much all into GGI (as if they are not already!) and will owe them Hundreds of Billions of shares at an 18% discount....it is already too late, the deal is done and GZFX has no funds to purchase back all the warrants owed to GGI!
Appropriate answers to fill in the blanks......
(1) The RS
(2) Filed Bankruptcy
(3) SEC Investigation
(4) Increase AS
(5) Dump Billions More...three words, but you can squeeze them into the space you allowed....
(6) NO BID
I am certain that many many more here could be more creative, but this is certainly a good start!
Hey I wonder how that one pumper guy that is still on this thread enjoyed seeing the 0.0001's
New Low hit today for GZFX shareprice and for its remaining shareholders! Great job JF!
Not too worry, no bid coming soon enough and brought to you by JF and GGI!
JF never said a RS isn't planned.....he stated "not in the plans at this time".....big difference! Could be in the plans an hour from now...or even 10 minutes after he made that statement!
No way this cannot RS! either way; suffer huge huge dilution into the hundreds of millions of shares or RS and then dilute....no way out...that is why it is called "toxic" or "death spiral financing"!
It is a very small piece of the pie that is paid up front in cash....the big money for GZFX comes from the sale of shares to GGI at 1.09 dollars per share and with that come billions of shares to be sold onto the market! Remember that the original deal used 0.0050 pps to calculate 5.8 Billion shares required to satisfy the agreement....now do the math!
As I and others have stated.....GZFX will have no choice but to (1) pay off GGI (which imo won't happen).
(2) register more shares for sale
(3) if register more shares for sale.....at some time....increase AS to appropriate level above 25 Billion.
(4)...they have no choice but to RS!
It means there is no deal to speak of until/if the books check out favorably for who-ever is looking at them.....
When was that announcement made???? LOL....guess there is no real rush here....can drag out due diligence process or the presumption of a buy-out for as long as they need too....stall for more time......
Guess that depends on where or when you call the end??? NO BID??? Sandy could very easily release information not related to the "buy-out" that would/could have a major impact on share price......how about an update on the share buy-back numbers or even better yet include the share count information in the same release.....
The fact that these numbers have not been updated....suggests that they are not favorable numbers at all! IMO...and sneaking suspicion that is!
and while we are at it, since when is an un-confirmed e-mail posting containing little information other than hold your hat over your buttocks considered DD??? Please...a lack of any information what-so-ever is not to be confused with due diligence!
Nice try Photog, but your posts really didn't reveal much of anything new!
As I stated earlier.....as soon as JF registers more shares with the SEC to satisfy the current SB-2/A agreement with GGI.....then you will see 0.0001/0.0002 or even perhaps a no bid and ask of 0.0001....
of course IF it is true that DC's are being closed as part of the Moroch plan...you may see 0.0001/0.0002 before that time!
A lack of an increase in subscribers for the Q2 report with high expenses may also be sufficient to drop it to the next level....
Time will tell, but you got one thing correct....any sign of news that results in increased volume....JF/GGI will be there to dump shares into the float! It will be a very short lived increase IMO.
No interest!
As I stated previously....I also believe it has to be soon or they won't make fall line-ups....and if they don't make fall line-ups it is all over for this stock for some time to come!
Hope MG was right and the deals are all but done!
3.6 Million customers for BBI Total Access....LOL...LOL! I am one of those 3.6 Million!
Did anyone else notice the part about licensing for on-line distribution with several major studios and independant film studios?? With recent and popular titles!
LOL....geeeee....no C or D rated movies for download like those that GZFX obtained??????
Great Job JF! LOL!
more likely to be all inclusive!
If SW didn't want negative views or concerns being discussed concerning information that he has put out there...blah blah blah...then perhaps he should make the information absolutely clear and leave no room for doubt.
Perhaps he shouldn't have played out his "preferred scheme" on investors first rewarding us all with free shares and then kindly requesting that we convert them for a fee; not to mention the ratio that no brokerage firm could ever handle.
Try engaging your brain once in a while Sandy....the blame doesn't lie with the shareholders, many many many were waiting very patiently!
As for August etc....if TFN isn't picked up by some cable or satellite affilliates for the fall line up, it may be the fat lady I see waiting in the wings for the shareholders!
Fall line-up deals should already pretty much be sealed shouldn't they??????
and if that were true then SW would know that he still has numerous shareholders holding with huge losses that would love to hear a bit more from him about how he is going to increase value to our shares and provide us with an ROI.....
Instead he goes on Traders Nation and PUMPS and DUMPS shares and we end up sitting with no bid for way way to long!
WTF Sandy....a few bad apples my arse.....start acting like a responsible CEO you moron!
LOL Neal.....at least I can smile about your post even if I can't smile about this investment (currently)!
Redistribution has to be an organized and orderly undertaking....no way all titles just get sent to one location and then the next....the idea of balancing inventory means that certain titles would go to DC's lacking in those titles or with higher demands etc....I mean come on...it isn't brain surgery!
and if they are all going to one DC....then that means something else is up (major up)! regardless of someone's bad e-mail response or not!
Right...sure it's a glitch with USPS....PLEASE! cough cough BS cough cough!
Also nothing to suggest that they are not!
That is definitely a material event that JF would need to release, but even I noticed the resemblance!
So you don't think that it matters that a startup company opened up several distribution centers around the country in order to support subscribers which they failed to attract and MAY at this very time be closing those distribution centers after paying rent(s) and payroll all with the sale of SB-2A shares????
LOL!.....it matters and IF distribution centers are being closed it goes directly to JF's inability to get the job done correctly in the first place!
Betting they are shutting down distribution centers due to lack of subscribers....anyone willing to take that bet?????
Yes, but perhaps only moderately so....if the volume here has anything to do with the symbol attached to the stock????
It did get the Yield symbol attached to the stock on Pink Sheets and it states limited information in the yellow warning sign! Better than the STOP sign, but not by much!
Has anyone entertained the notion that part of the Moroch proposal is to close some of the DC's that are currently under utilized due to the non-response to the Circuit City partnership and other "grass roots" marketing plans???
Note the wording in that post.....it doesn't say that all of the nine are staying open does it???
Why buy at 0.0003 pps when after the second quarter report or at the very least after GZFX registers more shares with the SEC to satisfy the agreement with GGI the shareprice will drop by 30 to 50 percent....
8 MMs left at 0.0002 on the bid....isn't that down from 22 just a 2 weeks ago????
this will see 0.0001/0.0002 bid/ask for certain with the constant dilution as a result of the sale of 300-400 Million SB-2A shares per month! The downward pressure due to dilution is too great...even with a pop...this would be sold off so fast that many won't even be able to flip! and believe me there are plenty hoping to do just that!
Yes, because everyone knows that no-one watches any movies in the summer time when they have all that free time...right????
LOL!
I'll bet NetFlix and BBI On-line don't use that excuse....especially BBI On-line who have been adding thousands and thousands of customers per month! LOL!
I don't think that the company or business side of GZFX itself is a scam.....I do think that the "investment" side of GZFX is pretty much a SCAM at this point and has been for some time...
I fully and honestly believe (IMO) that much of the "consulting" fees were paid to JF's own consulting firm bilking hundreds of thousands of dollars from GZFX shareholders and from the company......although apparently legal, clearly clearly highly unethical!
The way in which JF "rented" the GZFX headquarters from his wife and paid rent in advance....essentially buying her her burger business is also more than unethical and leaves the shareholders of GZFX with little on the books in terms of tangible assets!
Much of the deal here is corrupt and crooked......and the un-ending dilution is just the tip of the ice-burg!
The benefit of knowing that I am right....and that the "pumpers" on this board (of which there are very few remaining) are wrong!
LOL!
The way I look at it...is....that if my posts concerning the HUGE amount of dilution that has already taken place here with GZFX stock and is (by agreement and GZFX's own filings etc) fully expected to continue with the sale of billions upon billions more of SB-2A shares....if that prevents just one investor from buying into this stock, then I am happy.....
NOt that I believe that my posts on this board actually have any impact on anyone's decisions to buy/hold or sell shares of GZFX!
That being said, I really do enjoy sharing posts with individuals such as yourself! LOL....really I DO!
Restricted for how long???? LOL....why even bother placing any restrictions on them given the current and continued level of dilution????
Dead Goose...in reality, it matters not where they came from only that 400 Million more shares were added AGAIN last month!